38, CHESTNUT GROVE, BENFLEET, SS7 5RX - £610,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

38 CHESTNUT GROVE is a very large detached house of 179m², built sometime between 1983 and 1990. It was last sold for £610,000 in September 2019, which was around 48% above the average September 2019 detached price in the Castle Point local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

38 CHESTNUT GROVE Sold Prices

Land registry data shows three sales for 38 CHESTNUT GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the three 38 CHESTNUT GROVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 6 SEP	£610,000	£411,837	48% above HPI
2008 29 OCT	£457,000	£254,563	80% above HPI
1998 28 AUG	£195,000	£98,242	98% above HPI

38 CHESTNUT GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The three 38 CHESTNUT GROVE sales between August 1998 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2008 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the September 2019 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 38 CHESTNUT GROVE?

38 CHESTNUT GROVE is 179m² according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in South Benfleet, based on EPC data. The below chart shows the distribution of detached houses by size in South Benfleet, and where 38 CHESTNUT GROVE lies on this distribution: 81% of detached houses are smaller than 38 CHESTNUT GROVE, and 19% of houses are larger. Note that EPC data is not available for all properties in South Benfleet.

38 CHESTNUT GROVE: Plot and Title Map

38 CHESTNUT GROVE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 38 CHESTNUT GROVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 38 CHESTNUT GROVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 38 CHESTNUT GROVE?

38 CHESTNUT GROVE is located in BENFLEET, in the SS7 postcode district. The below map shows the position of No. 38 on CHESTNUT GROVE.